[owenconti]

Not true at all. You just need to find a company that values you and your work.

Our company intentionally hires juniors so that we can groom them as they grow. I was one of those juniors < 5 years ago and I've increased my salary > 100%.

[dclowd9901]

You can't just dismiss their experience based on your experience. I, for one, have also found it to be very true, and I think most people would agree (insofar as it seems to be a bit of a meme).

[timv]

The OP said Getting hired away from your current company is the _only_ way to get a fair raise (emphasis mine)

A single counter example is sufficient evidence to disprove such a universal claim.